questions: 1) What is HiTech's pool rate for the material-handling activity closest to? 2)What is...
70.2K
Verified Solution
Question
Accounting
questions:
1) What is HiTech's pool rate for the material-handling activity closest to?
2)What is HiTech's pool rate for the automated machinery activity closest to?
3)What is HiTech's pool rate for the finishing activity closest to?
4) What is HiTech's pool rate for the packaging activity closest to?
5) Under an activity-based costing system, what is the per-unit overhead cost of Economy? (Do not round your intermediate calculations round your final answer to 2 decimal places.)
HiTech Products manufactures three types of remote-control devices: Economy, Standard, and Deluxe. The company, which uses activity-based costing, has identified five activities (and related cost drivers). Each activity, its budgeted cost, and related cost driver is identified below.
Activity | Cost | Cost Driver |
Material handling | $298,000 | Number of parts |
Material insertion | 3,060,000 | Number of parts |
Automated machinery | 865,000 | Machine hours |
Finishing | 183,000 | Direct labor hours |
Packaging | 183,000 | Orders shipped |
Total | $4,589,000 | |
The following information pertains to the three product lines for next year:
Economy | Standard | Deluxe | |
Units to be produced | 12,000 | 3,200 | 2,700 |
Orders to be shipped | 1,020 | 410 | 295 |
Number of parts per unit | 5 | 10 | 15 |
Machine hours per unit | 1 | 3 | 6 |
Labor hours per unit | 2 | 2 | 2 |
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.